1995 (2) TMI 31 - HC - Wealth-tax

Summary

The High Court of Andhra Pradesh dismissed the wealth-tax cases as the right to wear jewellery was not considered an asset under the Wealth-tax Act, based on a previous judgment. The Tribunal erred in holding that no question of law arose, and the cases were filed in court by the Revenue. The judgment was delivered by SYED SHAH MOHAMMED QUADRI J. and S. PARVATHA RAO.